← iHeartMedia, Inc.
| Annual Trend | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Revenue | $6.2b |
$6.3b
+0.51%
|
$6.2b
-1.64%
|
$6.3b
+2.51%
|
$2.9b
-53.39%
|
$3.6b
+20.69%
|
$3.9b
+9.95%
|
$3.8b
-4.12%
|
$3.9b
+2.76%
|
$3.9b
+0.27%
|
$3.9b
+1.99%
|
|
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $5.0b | $2.9b | $3.6b | $3.9b | $3.7b | $3.9b | $3.9b | — | |
| Cost Of Revenue | $2.5b |
$2.4b
-3.08%
|
$1.1b
-55.78%
|
$1.1b
+6.92%
|
$1.1b
+0.47%
|
$1.3b
+16.42%
|
$1.5b
+11.75%
|
$1.5b
+0.94%
|
$1.6b
+6.34%
|
$1.6b
+1.54%
|
$1.6b
+1.16%
|
|
| Net Interest Income | — | — | — | — | ($343.7m) | ($332.4m) |
($341.7m)
-2.79%
|
($389.8m)
-14.08%
|
($379.4m)
+2.65%
|
($402.5m)
-6.09%
|
($398.0m)
+1.11%
|
|
| Gross Profit | $3.8b |
$3.9b
+2.87%
|
$5.1b
+31.80%
|
$5.2b
+1.59%
|
$1.8b
-65.14%
|
$2.2b
+23.38%
|
$2.4b
+8.88%
|
$2.3b
-7.20%
|
$2.3b
+0.39%
|
$2.3b
-0.62%
|
$2.3b
+2.59%
|
|
| Other General and Administrative Expense | $315.6m | $341.0m | $311.9m | $337.2m | $144.6m | — | — | — | — | — | — | |
| General And Administrative Expense | — | — | — | — | — | $1.5b | $1.6b | — | — | — | — | |
| Amortization of Intangible Assets | $237.5m | $222.6m | $197.2m | $130.9m | $258.9m | $280.6m | $253.6m | $246.7m | $245.3m | $213.6m | — | |
| Operating Lease, Lease Income | — | — | — | — | $2.1m | $1.4m | $1.4m | $2.0m | $787k | $562k | — | |
| Operating Lease, Expense | — | — | — | — | $198.2m | $203.5m | $188.5m | $178.3m | $183.6m | $185.7m | — | |
| Other Operating Expenses | $94.0m | $353.6m | $35.7m | $6.8m | $11.3m | $32.3m | $25.0m | $1.2m | $2.8m | $10.6m | — | |
| Direct operating expenses (excludes depreciation and amortization) | $2.5b | $2.4b | $2.5b | $2.5b | $1.2b | $1.3b | $1.5b | $1.5b | $1.6b | $1.6b | — | |
| Operating Expenses | — | — | — | — | — | $2.7b | $3.0b | $3.1b | — | — | $3.7b | |
| EBIT | $1.1b | $1.5b | $969.9m | $980.5m | ($1.7b) | $154.9m | $83.7m | ($772.9m) | ($788.5m) | ($71.1m) | ($25.4m) | |
| Operating Income | $1.1b |
$1.5b
+30.91%
|
$969.9m
-35.54%
|
$980.5m
+1.09%
|
($1.7b)
-277.21%
|
$154.9m
+108.91%
|
$368.3m
+137.86%
|
$171.0m
-53.58%
|
$159.6m
-6.67%
|
$193.3m
+21.12%
|
$217.3m
+12.45%
|
|
| Operating Income (Loss) | $1.1b |
$1.5b
+30.91%
|
$969.9m
-35.54%
|
$980.5m
+1.09%
|
($1.7b)
-277.21%
|
$154.9m
+108.91%
|
$56.9m
-63.28%
|
($797.3m)
-1502.24%
|
($763.1m)
+4.29%
|
($20.6m)
+97.30%
|
$217.3m
+1152.97%
|
|
| Other Operating Income (Expense), Net | $94.0m | $353.6m | $35.7m | ($6.8m) | ($11.3m) | ($32.3m) | ($25.0m) | ($4.4m) | ($2.8m) | ($10.6m) | — | |
| Interest Expense | $1.8b | $1.8b | $1.9b | $722.9m | — | — | $341.7m | $389.8m | $379.4m | $402.5m | $398.0m | |
| Interest expense, net | — | — | $1.5b | $334.8m | $343.7m | $332.4m | $341.7m | $389.8m | $379.4m | $402.5m | $398.0m | |
| Net Non Operating Interest Income Expense | — | — | — | — | ($343.7m) | ($332.4m) | ($341.7m) | ($389.8m) | ($379.4m) | ($402.5m) | ($398.0m) | |
| Foreign Currency Transaction Gain (Loss), before Tax | $15.5m | ($69.9m) | $29.2m | ($33.1m) | — | — | — | — | — | — | — | |
| Gain (Loss) on Investments | — | ($14.8m) | ($4.9m) | ($1.3m) | ($9.3m) | $43.6m | ($1.0m) | ($28.1m) | $75.5m | ($43.0m) | — | |
| Gain On Sale Of Security | — | ($14.8m) | ($4.9m) | ($1.3m) | ($9.3m) | $43.6m | ($1.0m) | ($28.1m) | $75.5m | ($43.0m) | ($25.0m) | |
| Gain (loss) on investments, net | — | — | ($3.8m) | ($472k) | ($9.3m) | $43.6m | ($1.0m) | ($28.1m) | $75.5m | ($43.0m) | — | |
| Gain (loss) on extinguishment of debt and exchange costs | — | — | — | — | — | — | $30.2m | $56.7m | ($97.3m) | ($1.6m) | — | |
| Other Nonoperating Income (Expense) | $13.1m | ($3.2m) | ($44.5m) | ($24.5m) | ($7.8m) | ($15.0m) | ($2.3m) | ($655k) | ($926k) | $1.1m | — | |
| Other Income Expense | — | — | — | — | — | — | ($284.6m) | ($943.9m) | ($948.0m) | ($264.4m) | ($242.8m) | |
| Other income (expense), net | $13.1m | ($73.1m) | ($15.3m) | ($23.0m) | ($7.8m) | ($15.0m) | ($2.3m) | ($655k) | ($926k) | $1.1m | ($242.8m) | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | ($343.7m) | ($332.4m) | ($341.7m) | ($389.8m) | ($379.4m) | ($402.5m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $650.5m | ($349.8m) | ($952.4m) | ($134.9m) | $2.1b | $150.0m | $258.0m | $1.2b | $1.2b | ($481.2m) | ($423.5m) | |
| Loss before income taxes | ($650.5m) | ($290.5m) | ($917.4m) | ($156.3m) | ($2.1b) | ($150.0m) | ($258.0m) | ($1.2b) | ($1.2b) | ($473.7m) | — | |
| Pre-Tax Income | ($650.5m) | ($290.5m) | ($917.4m) | ($156.3m) | ($2.1b) | ($150.0m) | ($258.0m) | ($1.2b) | ($1.2b) | ($473.7m) | ($423.5m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($650.5m) | ($290.5m) | ($917.4m) | ($156.3m) | ($2.1b) | ($150.0m) | $258.0m | $1.2b | $1.2b | ($473.7m) | ($423.5m) | |
| Income tax benefit | ($87.0m) | $50.5m | $457.4m | ($46.4m) | $183.6m | ($8.4m) | ($4.7m) | $62.3m | $158.4m | $1.8m | — | |
| Current Income Tax Expense (Benefit) | $59.1m | $47.7m | $30.8m | $28.3m | $646k | $19.3m | $79.1m | $82.2m | $78.5m | $14.4m | ($136.9m) | |
| Net Income From Continuing And Discontinued Operation | ($754.6m) | ($296.3m) | ($393.9m) | ($201.9m) | ($1.9b) | ($159.2m) | ($264.7m) | ($1.1b) | ($1.0b) | ($472.9m) | ($286.9m) | |
| Net loss | ($737.5m) | ($240.0m) | ($460.0m) | ($202.6m) | ($1.9b) | ($158.4m) | ($262.7m) | ($1.1b) | ($1.0b) | ($471.9m) | — | |
| Net loss attributable to the Company | ($754.6m) | ($296.3m) | ($393.9m) | ($201.9m) | ($1.9b) | ($159.2m) | ($264.7m) | ($1.1b) | ($1.0b) | ($472.9m) | — | |
| Net Income Continuous Operations | ($737.5m) | ($240.0m) | ($460.0m) | ($202.6m) | ($1.9b) | ($158.4m) | ($262.7m) | ($1.1b) | ($1.0b) | ($471.9m) | ($286.6m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $17.1m | $56.3m | ($66.1m) | ($729k) | ($523k) | $810k | $2.0m | $2.3m | $447k | $979k | ($286.9m) | |
| Preferred Stock Dividends and Other Adjustments | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Basic Share | ($9) | ($4) | ($5) | ($2) | ($13) | ($1) | ($2) | ($7) | ($7) | ($3) | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | ($9) | ($4) | ($5) | ($2) | ($13) | ($1) | ($2) | ($7) | ($7) | ($3) | — | |
| Earnings Per Share, Basic | ($8.95) | ($3.50) | ($4.64) | ($2.36) | ($13.12) | ($1.09) | ($1.79) | ($7.39) | ($6.68) | ($3.06) | ($1.83) | |
| Earnings Per Share, Diluted | ($8.95) | ($3.50) | ($4.64) | ($2.36) | ($13.12) | ($1.09) | ($1.79) | ($7.39) | ($6.68) | ($3.06) | ($1.83) | |
| Weighted Average Number of Shares Outstanding, Basic | 84k | 84.6m | 85.0m | 85.4m | 146.0m | 146.7m | 148.1m | 149.3m | 151.3m | 154.3m | 155.1m | |
| Basic Average Shares | — | — | — | — | — | — | $143.3m | $149.3m | $147.2m | $150.2m | $155.1m | |
| Diluted Average Shares | — | — | — | — | — | — | $143.3m | $149.3m | $147.2m | $150.2m | $155.1m | |
| Weighted average common shares outstanding - Basic (in shares) | 84k | 84.6m | 85.0m | 85.4m | 146.0m | 146.7m | 148.1m | 149.3m | 151.3m | 154.3m | — | |
| Weighted average common shares outstanding - Diluted (in shares) | 84k | 84.6m | 85.0m | 85.4m | 146.0m | 146.7m | 148.1m | 149.3m | 151.3m | 154.3m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 84k | 84.6m | 85.0m | 85.4m | 146.0m | 146.7m | 148.1m | 149.3m | 151.3m | 154.3m | 155.1m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | $0 | $7.3m | $1.6m | $0 | $1.2b | — | $0 | $595.5m | $616.1m | $0 | $211.1m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | $900k | $8.7m | — | — | — | — | — | |
| Depreciation Amortization Depletion Income Statement | $674.0m | $635.2m | $601.3m | $530.9m | $402.9m | $469.4m | $445.7m | $428.5m | $409.6m | $360.0m | $349.5m | |
| Depreciation And Amortization In Income Statement | $674.0m | $635.2m | $601.3m | $530.9m | $402.9m | $469.4m | $445.7m | $428.5m | $409.6m | $360.0m | $349.5m | |
| Diluted EPS | — | — | — | — | — | — | ($1.85) | ($7.39) | ($6.86) | ($3.15) | ($1.83) | |
| Diluted NI Availto Com Stockholders | ($754.6m) | ($296.3m) | ($393.9m) | ($201.9m) | ($1.9b) | ($159.2m) | ($264.7m) | ($1.1b) | ($1.0b) | ($472.9m) | ($286.9m) | |
| Earnings From Equity Interest | ($902k) | ($16.7m) | ($2.9m) | $1.0m | ($379k) | ($1.1m) | ($11k) | ($3.5m) | ($2.6m) | ($7.0m) | ($7.1m) | |
| Impairment Of Capital Assets | $21.6m | $8.0m | $10.2m | $40.9m | $1.7b | $57.7m | $311.5m | $965.1m | $922.7m | $213.9m | $211.1m | |
| Minority Interests | — | — | — | — | — | — | ($2.0m) | ($2.3m) | ($447k) | ($979k) | ($243k) | |
| Normalized EBITDA | — | — | — | — | — | — | $811.7m | $595.3m | $565.6m | $547.4m | $324.1m | |
| Normalized Income | — | — | — | — | — | — | ($41.6m) | ($213.7m) | ($193.9m) | ($215.4m) | ($126.0m) | |
| Other Gand A | — | — | — | — | — | $1.5b | $1.6b | — | — | — | — | |
| Other Special Charges | — | — | — | — | — | — | ($30.2m) | ($56.7m) | $97.3m | $1.6m | — | |
| Reconciled Depreciation | $674.0m | $635.2m | $601.3m | $530.9m | $402.9m | $469.4m | $445.7m | $428.5m | $409.6m | $360.0m | $349.5m | |
| Selling General And Administration | $1.7b | $1.7b | $1.9b | $1.9b | $1.2b | $1.5b | $1.6b | $1.7b | $1.7b | $1.7b | — | |
| Special Income Charges | — | — | — | — | — | — | ($281.3m) | ($911.6m) | ($1.0b) | ($215.5m) | ($212.6m) | |
| Tax Effect Of Unusual Items | — | — | — | — | — | — | ($59.3m) | ($50.7m) | ($128.4m) | ($1.0m) | ($76.8m) | |
| Tax Provision | — | — | — | — | — | — | $4.7m | ($62.3m) | ($158.4m) | ($1.8m) | ($136.9m) | |
| Tax Rate For Calcs | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Impairment charges | $21.6m | $8.0m | $10.2m | $40.9m | $1.7b | $57.7m | $311.5m | $965.1m | $922.7m | $213.9m | — | |
| Equity in loss of nonconsolidated affiliates | ($902k) | ($16.7m) | ($2.9m) | $1.0m | ($379k) | ($1.1m) | ($11k) | ($3.5m) | ($2.6m) | ($7.0m) | — | |
| Less amount attributable to noncontrolling interest | ($22.4m) | ($2.2m) | $14.1m | ($8.7m) | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Foreign currency translation adjustments | ($114.9m) | $22.0m | $45.7m | ($15.9m) | $945k | ($451k) | ($1.1m) | $203k | ($757k) | $7k | — | |
| Other comprehensive income (loss), net of tax | ($10.3m) | — | — | — | $945k | ($451k) | ($1.1m) | $203k | ($757k) | $7k | — | |
| Comprehensive loss | ($878.4m) | ($240.0m) | ($336.5m) | ($216.4m) | ($1.9b) | ($159.7m) | ($265.7m) | ($1.1b) | ($1.0b) | ($472.9m) | — | |
| Comprehensive loss attributable to the Company | ($856.0m) | ($237.8m) | ($350.6m) | ($207.7m) | ($1.9b) | ($159.7m) | ($265.7m) | ($1.1b) | ($1.0b) | ($472.9m) | — | |
| Operating Expense | — | — | — | — | — | — | $2.1b | $2.1b | $2.1b | $2.1b | $2.1b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($754.6m) | — | — | — | $945k | $451k | $1.1m | $203k | $757k | $7k | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $22.4m | $2.2m | $14.1m | $8.7m | ($1.9b) | ($158.4m) | $0 | $0 | $0 | $0 | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $22.4m | $2.2m | $14.1m | $8.7m | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $10.3m | — | — | — | $0 | $0 | $1.1m | $203k | $757k | $7k | — | |
| Total Unusual Items | — | — | — | — | — | — | ($282.3m) | ($939.7m) | ($944.5m) | ($258.5m) | ($237.6m) | |
| Total Expenses | — | — | — | — | — | — | $3.5b | $3.6b | $3.7b | $3.7b | $3.7b | |
| Total Other Finance Cost | — | — | — | — | — | $332.4m | $341.7m | $389.8m | — | — | $389.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.